Solar Panel Cost Guide in Bystrom, CA (Oct 2022)
- Bystrom Solar Installation Cost: $5,714
- 25-Year Savings: $19,028
- Payback Period: 5.8 Years
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Updated 9/16/2022
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Average Cost of Solar Panels in Bystrom
We go over average solar pricing in Bystrom.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Bystrom, the average cost of a solar system is $3 per watt. Because a 3.0-kW system is needed to cover the energy consumption of a typical home in Bystrom, the average price of going solar will be about $5,714 before claiming the federal solar tax credit of 30%.
These figures are just averages, and your own solar costs will look different based on your specific situation and what company you go with. Despite the large initial cost, the average Bystrom homeowner can save about $31,000 on their energy bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a pre-vetted solar company in Bystrom for a quote for your home.
Solar savings over time in Bystrom
| Year | Return on Investment |
|---|---|
| 1 years | $-4,724 |
| 3 years | $-2,745 |
| 5 years | $-766 |
| 7 years | $1,214 |
| 9 years | $3,193 |
| 11 years | $5,172 |
| 13 years | $7,152 |
| 15 years | $9,131 |
| 17 years | $11,110 |
| 19 years | $13,090 |
| 21 years | $15,069 |
| 23 years | $17,049 |
| 25 years | $19,028 |
Top Solar Installers in Bystrom
Although it's possible to install solar panels by yourself, it involves extra time and expertise. That's one of the reasons most people choose to go with a solar panel installer. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
The Green Panel
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Bystrom
Factors that Affect Solar Panel Costs in Bystrom
There are many factors that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment Size
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,730 per kilowatt in Bystrom. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Bystrom, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Bystrom homeowners opt to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Bystrom, and each can charge varying amounts for labor and equipment. Additionally, some companies in Bystrom are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.84 | $11,925 | $37,758 | 6.0 years |
| 8 kW | $2.78 | $15,594 | $50,649 | 5.9 years |
| 10 kW | $2.73 | $19,110 | $63,694 | 5.8 years |
| 12 kW | $2.68 | $22,473 | $76,891 | 5.7 years |
| 14 kW | $2.62 | $25,684 | $90,242 | 5.5 years |
| 16 kW | $2.57 | $28,741 | $103,745 | 5.4 years |
| 18 kW | $2.51 | $31,646 | $117,401 | 5.3 years |
| 20 kW | $2.46 | $34,398 | $131,210 | 5.2 years |
Solar Incentives in Bystrom
| Name | Property Tax Exclusion for Solar Energy Systems and Solar Plus Storage System |
| Website | Visit here |
| More Info | Click here |
| Name | Western Riverside Council of Governments - Home Energy Renovation Opportunity (HERO) Financing Program |
| Website | Visit here |
| More Info | Click here |
| Name | Local Option - Municipal Energy Districts |
| More Info | Click here |
| Name | Renewable Market Adjusting Tariff (ReMAT) |
| Incentive Amount | |
| Website | Visit here |
| More Info | Click here |
| Name | LADWP - Feed-in Tariff (FiT) Program |
| Website | Visit here |
| More Info | Click here |
| Name | Residential Renewable Energy Tax Credit |
| Website | Visit here |
| More Info | Click here |
How to Save on Solar Panels
The solar company you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you're on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Contract: Read the contract terms closely to make sure you understand the total cost, completion timeline incentives and warranties.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
The Green Panel
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Bystrom, CA Solar Cost FAQs
What is the average cost of installing solar panels in Bystrom?
The average cost of solar panels in Bystrom is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Bystrom?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How will installing solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.
